‘Regional drive towards economic integration vital’
AFRICAN countries should do more to widen development benefits to be realised from each other through embracing the regional drive towards economic integration, Pan African Manufacturers Association (PAMA) interim president, Engineer Mansur Ahmed, has said.
Chrome ore export ban excites local players
THE steel manufacturing sector has welcomed Government’s decision to ban exportation of chrome ore saying this will assist local players to secure ferrochrome at competitive rates.
Current account surplus to narrow 1,4pc
Zimbabwe’s current account surplus is expected to narrow to 1,4 percent of Gross Domestic Product (GDP) in 2022 from 2,4 percent in 2021 as demand for consumer and industrial imports strengthens amid an uptick in economic activities.
‘Embrace local content policy to reduce imports’
The Local Content Steering Committee has called upon different sectors of the economy to embrace policies that promote domestic procurement to curb imports and assist growth of local businesses.
CFI pursues Langford Estates deal reversal
CFI Holdings says proceedings to reverse the Langford Estates transaction years after challenging the sale at shareholder level remains before relevant tribunals.
Ariston to expand macadamia production
Listed agriculture concern, Ariston Holdings Limited, is geared for the expansion of its macadamia production following major investments into the segment with additional orchards in the pipeline, as the group eyes for enhanced export earnings.
AFC Holdings plans $3bn agro-bills
AFC Holdings, formerly Agribank, says it intends to raise $3 billion through the issuance of Agro-Bills to finance the 2021/22 summer cropping season.
New tax law prejudicing citizens
The Government recently issued a new statutory statement regarding the taxation process of employees paid in two currencies.
LAST WORD: Investing rather than hoarding needed
AMONG the odd economic indicators in the Zimbabwean economy is the money supply, still a bit higher than it should be ideally, the rate of inflation, again higher than it should be when we look at the fundamentals, and the growing infla- tion in the global economy, including the US economy.
Role of anti-corruption commission
Public procurement has been a loophole for most corrupt and unscrupulous activities in this nation. Procurement, according to many authors, is believed to be a legally mandated organisational function responsible for committing organisational funds.











